Requirements Elicitation for a Long Term Digital Preservation System: A Case Study from the Financial Sector: Paper - iPRES 2012 - Digital Curation Institute, iSchool, Toronto

Companies face challenges towards designing and implementing a preservation system to store the increasing amounts of digital data they produce and collect. The financial sector, in particular the investment business, is characterized by constantly increasing volumes of high frequency market and transaction data which need to be kept for long periods of time (e.g., due to regulatory compliance). Designing and developing a system ensuring long term preservation of digital data for this sector is a complex and difficult process. The work presented in this article has two main objectives: (1) to exhibit preservation challenges for the financial sector/ investment business, and (2) to present and discuss preliminary results of the requirements elicitation process, with focus on the financial sector - work pursued towards the design and development of a preservation system, within the scope of the on-going R&D FP7 project ENSURE – Enabling kNowledge Sustainability Usability and Recovery for Economic value (http://ensure-fp7.eu). Requirements, use cases and scenarios identified for the financial sector are presented and discussed. The agenda for future research work is also presented